568 Grandview Avenue Ridgewood, NY $ 2,400,000
568 Grandview Avenue
$ 2,400,000
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568 Grandview Avenue

Ridgewood, NY, 11385
$ 2,400,000
Bedrooms-- Baths-- Sq 4,500

Monthly Estimate*

$ 14,973

568 Grandview Avenue, Ridgewood, NY 11385 - Image 1
568 Grandview Avenue, Ridgewood, NY 11385 - Image 2
568 Grandview Avenue, Ridgewood, NY 11385 - Image 3
568 Grandview Avenue, Ridgewood, NY 11385 - Image 4
568 Grandview Avenue, Ridgewood, NY 11385 - Image 5

Commercial Property for sale in Ridgewood, NY

for $2,400,000. This 4,500 square foot building was built in 1917 on a lot size of 0.0398.

Incredible opportunity to own a turnkey, income-producing mixed-use brick building in one of Queens’ most desirable and rapidly appreciating neighborhoods. PROPERTY HIGHLIGHTS: * Zoning: R6B – Residential zoning allows for potential future development or expansion (consult architect) * Corner Lot – Excellent exposure and street visibility on a bustling Ridgewood intersection * 3 Residential Units – Fully leased with stable tenants and strong rent roll * 1 Ground-Floor Retail Unit – High-visibility storefront, ideal for continued commercial use * 4 Private Garages – Rare in the area; great for owner use or additional rental income Investment Summary: This is a true turnkey investment offering immediate cash flow and long-term upside in a high-demand rental market. Perfect for 1031 exchange buyers, investors, or owner-users looking for mixed-use flexibility.

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Commercial Active

Price

$ 2,400,000

Property Type

Commercial

Taxes

$ 17,537

Style

Multi Family

Lot Size

0.0398

Year Built

1917

Town/City

Ridgewood

County/Region

Queens

MLS | Web ID

921216

Features
General
Sewer Public Sewer
Heating Hot Water
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Available Water Connected
Zoning R6B
Construction Materials Frame
Year Built 1917
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2025
Parcel Number 03383-0053
County Queens
Property Type Commercial Sale
High School Grover Cleveland High School
City New York
High School District Queens24
Number Of Units Total 4
Elementary School Ps 71 Forest
Property Attached Y/N Y
Tax Annual Amount 17537
Showing Instructions Owner needs to open up. Owner needs to coordinate with tenants. Might not be able to view all units at once.
Middle/Junior High School Is 93 Ridgewood
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Queens24
Elementary School District Queens 24
Year Built Effective 1917
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Interior
Basement Partially Finished Storage Space
Basement Features Partially Finished Storage Space
Basement (Y/N) Y
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Exterior
Parking Features Garage Garage
Water Source Public
Building Area Total 4500
Waterfront Y/N N
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Internal Only
Street Number 1 568
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* Excluded Features
List By
Benjamin Turk

Listing Agent

Exp Realty

Broker

888-276-0630

Contact

Affordability Calculator

$16,434
Per Month
91%
9%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
$1,461
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892361 Elementary School
4892092 Middle School
Grover Cleveland High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2025$2,400,000 -7.69% Price Down
10/6/2025$2,600,000 Listed Price

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568 Grandview Avenue, Ridgewood, NY, 11385 is a Commercial Property for sale at $2,400,000 with 4,500 sqft and a lot size of 0.0398. 568 Grandview Avenue was built in 1917. The property's zip code is 11385 which is in Ridgewood, NY